A federal district court has permanently barred St. Louis truck driver Charles Eden from preparing federal income tax returns for customers. In entering the civil injunction order, Judge Stephen Limbaugh found that Eden "continually and repeatedly" understated customers' tax liabilities "by fabricating or grossly inflating their tax deduction." The order states that Eden's activities over the last five years have cost the government nearly $3.5 million. The court ordered Eden to notify his customers of the injunction and to provide the Justice Department with his customers' names, mailing and e-mail addresses, and phone and Social Security numbers. "People who prepare false or fraudulent tax returns are cheating not just the federal treasury, but all law-abiding taxpayers," said Eileen J. O'Connor, assistant attorney general for the Justice Department's Tax Division. "The Department of Justice and the Internal Revenue Service are working vigorously to stop these systematic abuses of the tax system."
-
The shift will happen gradually starting this summer until December, when QBOA will be discontinued.
11h ago -
The new Pilot AI Accountant claims to run the entire bookkeeping and financial reporting process with zero need for human intervention.
February 6 -
The tax-filing season for individuals just opened recently, but businesses already got a head start on various tax incentives in the One Big Beautiful Bill Act.
February 6 -
PCAOB adds to advisory groups; Schneider Downs transitions to single CEO structure; and more news from across the profession.
February 6 -
The Top 75 Firm acquired D & Co., expanding its presence in Texas and strengthening its healthcare specialty.
February 6 -
Plus, Sage rolls out AI enhancements for reporting, AP, sales; Datarails launches Spend Control solution for contract visibility.
February 6





